Author Archives: Yves Smith

We Are Twelve Years Old

A belated thanks for to many of the key people who have helped this site over the years.

Links 12/25/18

Wolf Richter: Nasdaq, “Tech,” & IPOs Are in for Gut-Wrencher

Companies planning IPOs for 2019 must hope that the upcoming year will be like 2000, the last hurrah of the dot-com era.

Links 12/22/18

Michael Hudson: The Vocabulary of Economic Deception

Michael Hudson gives a wide-ranging interview, discussing the importance of euphemism in obscuring power relationships and exploitation.

Holiday Schedule and a Sort of Comments Holiday

A note on holiday hours.

Media’s Russia Obsession Obscures How Trump’s Syria Withdrawal Benefits Turkey Most

A dose of sanity from Patrick Cockburn on Syria.

Links 12/21/18

Marshall Auerback: All of Our Bets on China Have Been Wrong

Due to Western misperceptions and China’s rising authoritarianism, the current trade war is evolving dangerously into Cold War 2.0.

CalPERS’ Bill Slaton (Again) Embarrasses Himself and the CalPERS Board

CalPERS board member Bill Slaton demonstrates why he needs to go sooner rather than later.

How Immoral Are Laissez Faire Ideologues? Ask About Drones.

Drones illustrate why lack of regulation isn’t such a hot idea.